City
Epaper

India's forex reserves rises by over $2.7 bn to $632.952 bn

By IANS | Updated: February 25, 2022 20:00 IST

Mumbai, Feb 25 India's foreign exchange reserves gained $2.762 billion during the week ended February 18.The Reserve ...

Open in App

Mumbai, Feb 25 India's foreign exchange reserves gained $2.762 billion during the week ended February 18.

The Reserve Bank of India's forex reserves increased to $632.952 billion from $630.190 billion reported for February 11.

The country's forex reserves comprises of foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $1.496 billion to $567.060 billion. Similarly, the value of the country's gold reserves increased by $1.274 billion to $41.509 billion.

However, the SDR value declined by $11 million to $19.162 billion.

The country's reserve position with the IMF rose by $4 million to $5.221 billion.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiamumbaiimfReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorIndiFinance ministry and reserve bank of india
Open in App

Related Stories

ThaneMajor Jolt for NCP (SP) As Thane City Chief Suhas Desai Joins Deputy CM Ajit Pawar’s Faction: Reports

MumbaiAuto Driver Arrested In Mathura For Allegedly Raping and Killing Sex Worker In Mumbai

MumbaiMumbai Traffic Update: Police Issue Advisory for Shiv Sena UBT Dussehra Rally On October 2; Check Diversions

MumbaiMumbai: FIR Filed Over Maharashtra Congress’ Social Media Post Allegedly Inciting Violence

MumbaiMumbai: MNS Workers Protest at Andheri Metro Station, Damage Billboard, Demand Only Marathi Ads

International Realted Stories

InternationalChevron Refinery Fire: Video Shows Massive Blast at El Segundo Oil Refinery; Shelter-in-Place Order Issued

InternationalFrom fields to ruins: Pakistan's brutal offensive devastates Zehri farmers

InternationalIndian Embassies across globe commemorate Gandhi Jayanti, honouring his timeless ideals

InternationalPiyush Goyal, Singapore PM meet to further boost comprehensive strategic partnership

International'Celebrating historic declaration...': Russian Ambassador marks 25th anniversary of India-Russia strategic partnership